Payer contract optimization can play a key factor in reaping higher reimbursements during the entire term of contract, without major resources additions and process improvements. However, many healthcare practitioners ignore the possibilities of amendments in their payer contracts due to the complexities involved in the process of contract negotiations.
KollectMD’s RCM services help you to understand the payer contract, especially simplifying the jargon they use to explain their payment process. We follow a strategic approach to analyze the scope of contract negotiations and then carry out extensive rounds of negotiations on your behalf. The final revisions in the contract will be amended upon your consent.
Administrator - West Michigan Pain
Director - West Michigan Surgery Center, LLC
KollectMD has taken the work out of our billing processes. Our collections have been steady and they are excellent at follow-up on unpaid claims. Their ability to assist with the often complex insurance authorization process has virtually eliminated payment rejections and ended last-minute cancellations due to authorization issues. Rather than offering excuses for any billing issues that may arise, KollectMD has offered solutions that have greatly increased our Surgery Center’s profitability. KollectMD has assumed responsibility for our billing process so we can focus solely on providing our patients the excellent care they deserve.
Administrator - Michigan Primary Care Partners
KollectMD has helped our multi-specialty medical practice in numerous ways. They have been instrumental in making sure we get our claims paid in a timely fashion. They have helped increase our bottom line and we are seeing better collections than we’ve seen in years. It has lifted a huge burden off our shoulders giving us more time to focus on the needs of our patients and not worrying about payments. Thanks for all you guys do.